RE: Take over @Β£10.50 ?20 Apr 2021 19:58
Soder,
I have read the contract , that which is not redacted several times. There are numerouus clauses which one can disregard because the govt and NCYT met every two weeks to discuss ?? and firm up orders, such as not meeting a target, as the contract continued. If we look at the figures that we saw invoiced to DHSC for Oct , Nov and Dec it amounts to approx 127mm , 23mm short of the guarenteed 150mm. Move to Rns 9/4 we are informed that the Promate was ordered 1st quarter 2021 , GM is quite explicit in pointing this out.
The simple conclusion is 23mm unpaid .
At some stage the NHS decided that the product they ordered Exsig and the Q32/16's were not providing as streamlined operating efficiencies as desired/ envisaged. Pause, they would have been demonstrated and approved prior to order. Ncyt develop Promate in mid November. Three is a clause that if a new product is developed then the authority has the right to swap this out at the same cost.
It is not clear to me if this is the case for a product specifically developed for them. This could be contentious but relatively easy to reach a compromise on.
There is a remedy that implementations of change must occur within two months. Promate validated Feb24th after being delivered in Nov , the govt may be trying to invoke over two months until implementation. If this is the issue then a very weak case as they were delivered what they asked for and they changed their minds and then there was a lengthy period for validation , which NCYT could not influence.
Winterplex ordered but not utilised as minimal flu due to lockdown, could they be requesting swap out of this product , if so negotiations again relatively simple.
Until we see financials it is difficult to know what the DHSC have paid thus far , indeed GM could be talking about money we should have had and the figures reported thus far will not be impacted , if that is the case ROW higher. There are so many different possible areas which could be in dispute. What to me is critical is that after phase one completed the govt continued to order , therefore showing intent to continue using purchased Q machines and that they were fit for purpose. Just my thoughts.